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CENVAT

This query is : Resolved 

10 May 2011 Dear Sir,
We are a manufacture company, we have registered under excise, we have not registered service tax. we are receiving invoices from our suppliers with service tax.whether we can take the cenvat on service tax

Regards
Panduranga

10 May 2011 For many years now eligible service tax credit is available for manufacturer who have been availing the same.
You may like to read the article in the articles section on the FA 2011 analysis or the cenvat credit article which would provide more information.

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Guest

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Guest (Expert)
10 May 2011 you can avail Cenvat Credit on Input or Input Services or Capital Goods at 50% for 1st two years.

Kindly note, if you avail abatement(if its applicable for your taxable sector) then you cannot claim CENVAT CREDIT AT ALL !!!




10 May 2011 you can get credit of service tax


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